148CKeeping records about, and giving information to, transferred customers

148C Keeping records about, and giving information to, transferred customers

148C Keeping records about, and giving information to, transferred customers

(1) A designated RoLR to which customers are transferred as a result of a RoLR event must—

(a) keep records of the transfer for at least 2 years after the transfer; and

(b) give information to the transferred customers in accordance with the RoLR plan for the designated RoLR.

(2) In this section—

RoLR plan for a designated RoLR means a RoLR plan—

(a) prepared by the AER under section 162; and

(b) for which the designated RoLR is a participant.

s 148C: Ins 2025 No 61, sec 8.